Holly Cow! What the hell is going on with gold? There are obviously big players selling and buying. Countries buying and selling? All I know is that NUGT went so low yesterday and today, that it's compelling buy
SC - Seems like SPX will trade between 2300-2900 and not bottom possibly until we reach the 2000-2200 levels. Do you expect the bottom to be in April/May?
Chart shows why I having been trading SVXY currently.
ReplyDeleteThe futures have a 5% up or down limit overnight.
ReplyDeleteHowever, during regular hours there is no circuit breaker to the upside for SPX.
Something to consider as we head into next week's Fed meeting...
Sold SVXY $35.10.
ReplyDelete2 nice trades off support. Up more than 10% on the day.
ReplyDeleteThanks SC! I followed along.
DeleteSC, would you provide S&P chart as well. Thanks
ReplyDeletesc, can u please march april chart for spx
ReplyDeleteHolly Cow! What the hell is going on with gold? There are obviously big players selling and buying. Countries buying and
ReplyDeleteselling? All I know is that NUGT went so low yesterday and today, that it's compelling buy
See new charts Dennis. Silver is the problem. Dragging down Gold.
DeleteNew charts posted!
ReplyDeleteSC - Seems like SPX will trade between 2300-2900 and not bottom possibly until we reach the 2000-2200 levels. Do you expect the bottom to be in April/May?
ReplyDelete